Is It Better To Buy vs Lease A Car - What Is The Maths?
Part 1/2 - A User Request for a real analysis on getting a vehicle
In the free introdutory post, I covered the basics of leasing a car, how a lease works, and the pros & cons of leasing. Now that we understand the basics, what does the math say when we compare leasing vs buying a car?
There are certainly a lot of anecdotes out there. I was unable to locate anyone who actually showed how leasing vs buying cars compared over the long-term.
There is a lot of opinions about leases being the most expensive way to own a car.
However, there are also people who swear by leases as the only way to go - no maintenance concerns and new cars all the time…
Who is right and how do your actions impact the results.